Hi May I know, What is the coverage of Construction Industry under Item 21 of Table B of the Rules?
Construction Industry has been defined to be corresponding to para No. (5)(a) as specified in Schedule VI of the Companies Act, 2013. Para (5) of Schedule VI of the Companies Act, 2013 pertains to “Industrial, commercial and social development and maintenance” and covers “real estate development, including an industrial park or special economic zone” as per sub-clause (a). Hence, every construction activity in relation to the above are covered under the Rules.